Į
DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
Bayaz Ballere Balse
!!!!!!!!!!
! ! ! ! ! ! ! ! !!
!!!!!
SHAREBROKERS'
ASSOCIATION.
THURSDAY..
Nominat
Bayarı
JUNE 8."
Banks
$1,730. H.K. Banks
HONG KONG DAILY PRESS, FRIDAY, JUNE 9, 1933
MONEY AND MARKETS
Baloo
Monta
THE SHANGHAI MARKETS
$1,730
2197
£14
„£24)
Do. (London)... Chartered Banks .... Mercantile Bks. "A"
£13 294
£9. .$98
Do.
"O"
Bank of East Asia...
198
N. G. & S. Barka.
$20
Am. O. Fin.Corp. 8.
15.10 Ch. Fin. Corp. Ord. 8.
75.00
Do. Prof. 8 Insurances
Canton Insurancee ........
Underwriters ****
Union Insuran008 .......
$4.75. International Asson, S.
Douglaans
$1,450
39.35
3525
***
$595
3970
China Firest H.K. Fires
Shipping
$21
$22
Steamboats
$30
Indos (pref.)...
$30
42/0
Shell
315
$33)
$40
31/3
$15
32 80
15
810
1.
31.cts.)
Do. (def.)..........
Waterboats
Mining
Benguets................. ***** Venezuela Gold Fide. Kallang tagandens Langkats (single) 9.
Explorations...De Shanghai Loans S. Raubs
Tronoh Mines
Benguet Explorations Docks, Wharvas,
Godowns, sto.
H.K. &.K. Wharves.
***
£395
Do. (new)... $1 45
$148 Shanghai Docks S.
www
#1!
⠀
$1,430
32.35 #615 3500 $250
334 322 $30 $30 42/. 318
$34 $4.10
25/ 1101
$2
$4 $9.EU 12/
$131
$128
#363 $1.40
Providente (old)
34
8181 $10
I.K. & W. Docks
199
€18
$8
S. China Motors' A.'
Do.
**
$8
"B"
$8
T
$149
18
New Engineering S.
38
#331
Hongkow ........
Lands, Hotels, and
17 $7,30
$71
$761 $333
814
$13:30
18.10
$15.50
***
1
$137
33140
J20
37
Buildings
H.K. Hotels.
HK Lands.........8. Shangbai Lands....
Metropolitas Lands..
B.K. Healties...................
$142 Chini Do....
Do. Debentures.
Humphreys
Asis Healtics "A" S.
Do. "B"8.
Chinese Estates......
Cotton Mills
EW06 AU
$81114 Shai Cottona......S.
Zong Sings auße
Public Utilitios
Cramways.......
*
14
T
$131
$154 10 *
**
ATTEMPT TO OBTAIN READJUSTMENT OF PIECEGOODS IMPORT TARIFF
SHANGHAI, June "4. There has been activity in the silk market during the week with increase in prices owing to demand from America: and- France. As regards piecegoods imports the week has been quiet as dealers are trying to get the new duties reduced. Great increase in the tariff duties have also resulted in business being neglected in the paper market...
PIECE GOODS.
The piced goods market during the past week has been extremely quiet as regards new business, dealers preferring to hold off from further buying until definite in- formation regarding the new tariff position is available. It is reported that the Chinese Piece Goods As- sociation is at present making representations to Nanking with a view to obtaining some, readjust ment of the new sale of duties and it is to be hoped that something can be done to bring some of the rates down to a more practicable Market prices
commercial level,
have advanced considerably since the publication of the new tariff rates and since the report of the agreement reached with the Japan. ese in the north.
-Stocks on the whole are light,and with the advance in cotton market prices would remain steady at the new lovci.
Clearances continue to be satis- factory, and during the week some heavy shipments of locally made greys and cotton yarn have been made to Tsingtao and Tientsin.
As regards woollens, little new business is being done, dealers being more interested in investiga ting the effects of the new tariffs than in the placing of further business.
•
Yuenfong Auctions. Thursday's "market at the Yuen- fong auction was more or less a repetition of that of the previous week, in that further substantial advances took place in values of most classes of dyed goods, while other classes which will shortly be $21.80 out of season averaged very little more than steady. Very keen speculation resulted in an apprecia- tion of about $1 per piece for Black Venetians and Black Itali ans, while velvete and coatings were also considerably higher, Grey shirtings were up 30 cents in sympathy with the hardening tendency of local production and white shirtings were about steady.
Clearances for the week under review have fallen off a little,
814
$85
Wing On Textiles(S.)] 95
122
8134
Peak Trams (old)...!
371
Do. (new)...
$15 $74
192
Star Ferries
$92)
$294
Yaumati Ferries
130
$134 312.40
Chins Lights (old)...$13.35 $131
$73)
H.K. Electrics.......
$13
$23
Macao do.
咖啡
110
$29.65
3201
$11
I'm
Do. (now)... $19
$29.40
H
13.
Bandakan Lights ...
Telephones............. China Buses...... 5.
Tractions .............
Do. (pref.)......
Industriais
***
Do (new)...| Roper
Dairy Farman...................
$281
SILK.
raise commodity price levels in general and wheat in particular, and further, the fact that European mills which did not believe in high or price possibilities and had kept on buying on a hand-to-mouth basis are now compelled to cover their requirements at the prices asked by the exporting countries. With America having decided to keep its wheat in the country, with Ri having turned from exporter to importer, with Danghian countries also being compelled to import in view of the 1932/3 crop having proved & failure, the entire world is now dependent on three countries, Canada, Australia and Argentina. The remarkable feature is the fact that none of these countries is actually a 'competitor of either of the others, because Canada is the only country producing high gluten. and strong wheat, Australia is dictating to world markets for soft wheat and the Argentine is the only exporting country which can supply world importers with the cheaper varieties. These facts explain in themselves the independent position which sach exporting country en joys this year, and also explains automatically the strong undertone for wheat prices in general,
Business in China has again been nil. Mills are continuing to digest previous purchases and continue to wait for native wheat to arrive. The Nanking government has tem- porarily increased the import duty ou four. The increased amount is approximately 20 cents, local cur- rency, a bag of 49 lb. It can be anticipated that four prices in Shanghai "will gradually advancë, and eventually reach a level at which it should again become pos sible for Chinese millers to use a mixture of native and foreign wheat and produce flour proft. abdy.
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
Among local stocks, Telophones and China Lights registered further improvement to-day, the former changing hands as high as $30, and the latter at 813 for the current Settlement. On the other hand, Ewo Cottona received a setback, being reported lower from Shang- hai, and were done here down to Sh. $15.20.
There were no other changes of any importance, but Cements and Hotels remain steady at quota.
tions.
Sales,
Union Insurances $625, Underwriters $2.40, Shanghai Explorations Sh. 2.40. Ewo Cotton Sh. $13.90. Telephones 830. Cements (Comb.) $7.65.
Buyers.
Canton Insurances $1.460.- Underwriters 821. Douglases 8324. Providents (Old) $3,90. Providents (New) $1.40. Hotels $T.
Humphreys $13.40,- China Lights (Old) $13.35. China Lights (New) $12.40. Telephones #20). -- Cements (Comb.) $7.70. Government Loans 3 per cent.
premium.
Sellers.
4
Hong Kong Steamboats $29. Hotels $7.30.
Realties 88.10,
Ewo, Cottons Sb. $15.30. Telephones $30, Constructions (Old) $4. Constructions (New) 31..
THE EXCHANGE "MARKET
ค
MESSRS. ROZA BROS., REPORT
Messrs. Roza Bros., have for- warded us the following exchange Arrivals of foreign wheat dur-market report for yesterday:- ing the week were very small in deed, and were confined to a few thousand tons of Canadian wheat.
RICE.
I
The price for Ready Silver drop ped 1/16 yesterday. The Forward. rate was unchanged, the quotations being 193/16 for Ready and 191 for Forward.
Silver advices reported the Con- The rice market, during the week tinent as having sold. Speculators bas ahown 10 improvement in bought. The tone at the close was prices of Chinese and Baigon rice, steady. In America the rate was but there has been. ao demand for higher at 6 for near delivery. the latter. Outport and inland New York advices reported the The silk market has been quite dealers have been quite active buy-opening rate at 4.041 excited during the week, thering at rising market prices.. being a very good demand from New York and Lyons, and prices have advanced by leaps and bounds. The chief demand has been
PAPER.
There has been very little charge for Steam Filatures and Szechuan in the paper market during the Filatures, while for Shantung last week. Dealers and consumers Flinture for New York, after 300 have been occupied in calculating bales had been sold at slowly to what extent the increase of $121 increasing prices, dealera suddenly duties is affecting them. The ac
asked for an eight per cent. tual increases are as follow: increase: no business has as ret been done at the new level of 8700.
SIE
$4.2)
$16
Malabon Sugars ...
$15
390
Caldbeck, Tord.) 2.
$16
Macgregora f(pref.)8.
16
Canton Iconi
36
$7.80
$7,70
Cements (comb)...
$6.40
Do.
(old)...
$14
19
Miscellaneou
828
Der A Wings.
$121
Amusementa
$12
Ch. E'tainment......
Constructions, (old);
Do. (now)
.90 cta
$5
Lane Crawford.......
$4.80
21
547
$14
$14 59.70
810
$9,10
Wm. Powells....
$1,60
$10
M. Groyhounds.
$31
8. C. Enterprises
#4
United Theatres...8.
70%
B. Ind. G. Bonds... 73").
prena.
$9
Wallace Harper
$190
B.K Wing On
B'hai Do
Mackintosh***ZKARES Nanyang Tobacco... Sinceras ****... Watsonn
IL.K. Govt. Loans... $:02}|
China Sporta Ltd...
TH
1) das
$190
$150
Asia Lands Limited
Gloucester Building Tel, 28380. We offer you a complete brokerage service for the purchase or sale of
New York Securities Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of The Hongkong Daily Press
Canton Agents
John H. Ferguson & Co.
32, B. O. Shameen.
Tel. 18624.
Other kinds of silks were almost entirely neglected. Total transac tions totalled over 1,000 bales.
Japan and New York markets closed steady after advances during
H
With the exception of the Shang- hai rate which was put down to 1091 and the Bangkok rate which was down to 135, other rates were put up.
Market.
Firm.
Sterling.
Business was reported shortly after the opening at 1/4 27/32 for near delivery. Later sellers came ont at 1/4 with business arranged Chromoboards, Ivoryboards, Bris.
at 1/4 29/32 for June and 1/4 15/16 tolboards, Bondpaper, Glassine July. 1/4 29/32 was also done for Tissuepaper 100 per
cent.,
The market second half June. Cappaper 106, Flint Paper 90, cloud at lunch time with sellers at Kraftpaper 50 Woodfree Printing 1/4 June, 1/4 29/32 July and prob- Writing Paper 310, Paper no.p.f.ably 1/4 15/16 August, buyers at woodfree 100; Paper n..p.f. 1/32 higher respectively. (others) 150.
Gold Dollars, Deliveries have improved, while The market opened with sellers at World wheat markets during the only very few new order have been 234 but the selling rate soon rose nast week have not only fully kept placed. There has been a slight to 284 resulting in business at 29 the increased price levels, but have demand for Newsprint in sheets, for second half June and 201 July. advanced by several points. The but apparently only Canadian principal reason for this is the con- mills are able to accept the prices tinued propaganda in the U.S.A. to | offered by the dealers
the week:
WHEAT AND FLOUR.
INFLATION IN JAPAN
When Printing Presses Are Busy, More Babies Are Born
interest rate, and trade relations.
The market closed at lunch time. with sellers at al cash, 28 10/10 second half June and 90 1/18 July, buyers probably at 1/16 higher.
Yen
Merchants were quoted at 1111 for near delivery.
In short, the bearings of the in-
were indicated flationist policy on the increase of at 1/3 3/16 for Ready, buyers prob. population will be primarily look. ably at 1/3 for cash. ed into..
IN THE AFTERNOON
1
YHI
112 R
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
Panama
via
Fortnightly sailings on Wednesdays Pres. Coolidge manierenia v June 21 Fres, Jackson................................July 6 Prem Hoover
terver
July 19
13
To Seattle and
Victoria
Fortnightly sailings on Saturdayə Pras, Cleveland Free Tait...
...June 24 ...July & Pres. Jefferson ...................................... July 22
ROUND TRIP FARES TO‘EUROPE & AMERICA.
Direct Special through rates to Europe via United States. connections with all Atlantic lines, Choice of rail lines saròss United States and Canada, liberal atop-ever privileges for Sight-seeing, Full particulars upon application.
+
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits. Colombo, Bombay, Suez Canal, Alexandria, Naples, Gonos, Marseilles, New York and Boston.
8.
Pres. Adarus Pres. HarrisoTI.
8 m ......June 10. Pres. Hayes...July 8 .......June 24
TO MANILA
Next Sailing
Pres. Coolidge
Pres. Adams June 10, 8 am.
Pred. Taft ...................July Pres Hayes... unduly Fres, Hoover Joly IF Pres. Jefferson...........July 16
Pres. Cleveland............... June 17 Pres. Harrison ...................................one 34 Pres. Jackson
June 27
Connecting with B.S. MATON To CEBU, ILOILO, ZAMEQANGA.
DOLLAR STEAMSHIP LINES AMERICAN MAIL
LINE
PEDDER BUILDING-HONGKONG.,
CANTON BRANCH:-4, SHAKER ROAD..
PACIFIC ORIENTAL
- MONTHLY CARGO AND PASSENGER BERVICE
M.S. "SELANDIA" Sailing on or about
FOR MANILA
FOR SAN FRANCISCO, ETC.
via SHANGHAI
10th JUNE
20th JUNE
CARGO AND PASSENGERS ACOFÉTED FOR MANILA, AND SHANGHAI, SAN FRANCISCO, VANCOUVER,
SEATTLE, LOS ANGELES, ETC. THROUGE BILLS OF LADING ISSUED TO
OVERLAND POINTS."
Excellent Passenger Accommodation Passenger fare Hongkong/San Francisco G8120 (1st class only). For Freight and Fassage, etc, please Apply to: ̈/
The Chinese American Shipping
The East Asiatic Co., Ltd.
Agents:
JOHN MANNERS & CO. LTD.
Company
Agent: HONG SLING
Office: MERCANTILE BANK BUILDING (TOP FICCA), 7, QUEEN'S ED., CENTRAL, TELEPHONE: 24071.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
"(INCORPORATED IN HONG KONG.)
Tel. 26880-Gloucester Building, Room 306. ·
[REUTRAL'S AMERICAN SERVICE.]
30 Industrials
High-1932 88.78
Low: June 8. June 7.
41.22-01.80
New York: June 7, Dow Jones Averages:
20 Rae
41.30.
15.22 43.33
20 Utilities 40 · Bonds
". 38.11 83.26
Change
92.98 1.08 up
43.53 .20 up
34.23
.73 up
.28 up
16.63 33:49 65.78 84.34 84.42
Asia Lands, Limited, has received the following roport from their New York correspondents, E. A. Pierce & Co. The market is almost as com- plicated as a Jig saw puzzle We cannot help feeling that further should be used to take profits. Wheat: The market is largely Bocal fair, with "bi-metallism talk a strengthening feature. The
Canadian weather is ideal Receipts are still large Exports are light. Cotton: The market opened lower bat, in the face of strong cables, showed an advancing tendency until noon and the gains were well maintained for the balance of the day. The weather is favourable. Silver: Profit-taking was well absorbed by investment and foreign buying and the tone was steady throughout today. Business Done: 8,640,000 shares.!'
2.00 Air Reduction 8.00 Allied Chemical & Dye 824 208 4:00 American Can
-American Smolting..
Canadian Pacific
LAST SALE June 6. June 7. $801087012
1932
HIGH
!
of the production of rice, the price
of rice, the prices of commodities,
Shaughal Dollars. Were quoted at 1101 for near de livery.
Shanghai,
DIY. Low PER SH.
30%
94
42
110
1242
337 36
30
1374
70
0.00 American Tel:
Tel.
1201
120
Steady.-Sellers
691
5.60 American Tobacco "B
871
887
199
Anaconda Copper Mining
17.
17
281
2.00 Auburn,
691
03
1.00 Borden Company
43
15
20
651
13 JL Cast
76
471
17
200 Chase National Bank
28 bid 33 bid
211
5.
1.00 Chrysler Motors
243
681
31
57
2:3
70
70%
.83
83
331 33
221
24
35+
35
23
д
15
158
374. 391
1
POPULATION PROBLEM As regards the second question The market was firmer in the
of the movement of the agrarian afternoon, population, the state of popula-
Sterling. Tokyo, May 31.
Lion in Ibaragi prefecture will re- Business was done at 1/4” 15/16 The institute for the study of the ceive the largest share of atten- for second half June and cash, population problem, which has tion. The case of Nara and Kaga finishing with sellers at 1/4 15/16 been established in the Social Bu reau of the Home Office, will set wo prefectures, where & consider Juno, 1/4 31/32 July and 1/5 about its tank shortly. The first able surplus of population exists August, buyers at 1/16 higher res attention of the institute will be owing to intensive agriculture, and pectively.
Gold Dollars effects of business conditions on that of Niigata prefecture, where,
Business was done at 20 for cash the birth rate and their correla owing to climatio reasons, a see- tion, and the trend of the move-sonal outflow of population taken followed by transactions at 201 ment of the agrarian population place, will also be inquired into. July also 28 3/18 July, finishing It has been popularly assumed | The state of surplus population in with sellers at 29 for cach, 291 prefecture, July, buyers at 1/8 higher respec- in this country since the early Asa-gun, Hiroshima years of Meiji that the birth rate which contributes a large propertively.
401
4.00 Consolidated Gas of NY. 3.00 Drugs, Inc.
22 2.00 Du Pont de Nemours 301
3.09 Eastman Kodak............... *6%. Electric Bond & Share
0.40 General Electric.
198
2.00 General Foods
70
1.00 General Motors
242
10
Le Gillette Safety
34
101
14.
108
1.00
21
341
80,
is în direct proportion to the tion of Japanem emigrants and amdunt of ingey in circulation. that of other districts more or less Bellers were indicated at 1/34 for The institute proposes to study the similarly circumstanced, will be near, buyers probably at 1/10 increase of population in the light duly looked into also,
Shanghai,
2.80 National Bir
higher.
94
81
1.00 National
(Preferred).
0.00 International Harvester.
International Tel, & Tel.
4.00 Liggett & Myers B
1.00 Loew's Ino.
Montgomery Ward
110 bid. 110 bid
103
911821
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